HomeUSAPlatformatic Raises $4.3M in Seed Funding

Platformatic Raises $4.3M in Seed Funding

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Platformatic

Platformatic, a San Francisco, CA-based provider of a cloud-native Node.js application platform, raised additional $4.3M in Seed funding.

The round was led by Rialto Ventures with participation from Decibel and Panache Ventures, bringing the total seed funding to $7.8M.

The company intends to use the funds to accelerate product development to address critical pain points that hinder enterprise teams from deploying, scaling, and securing their Node.js applications.

Led by CEO Luca Maraschi and CTO Matteo Collina, Platformatic is a provider of a cloud-native application platform for building, managing, and scaling Node.js applications. With it, users can bridge the gap between their Node.js developers, operators, and the wider business. The company also launched additional functionality, including:

  • Watt application server: Watt is a cloud-native, open-source application server that simplifies Node.js development by unifying the frontend and backend without requiring a complete rewrite. It automatically handles essential tasks such as logging, tracing, and observability, and introduces multithreading to boost performance. 
  • Intelligent autoscaler: The autoscaler is designed to dynamically adjust Kubernetes clusters in response to traffic spikes and Node-core metrics, ensuring optimal performance. By contextualizing Node.js and its applications within clusters, the autoscaler intelligently manages event loops and handles concurrent requests with precision, allowing applications stay responsive and efficient, even under varying loads.
  • Command Center: Leveraging Watt, Platformatic’s Command Center allows developers, wider DevOps teams and their leadership to monitor, manage, and optimize all their Node.js applications within a single, unified dashboard. It provides insights into Node metrics, application taxonomy, audit logs, and deployment risk analysis, centralizing observability and management tasks.

FinSMEs

24/09/2024

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